Blue Trust Inc. Has $39,000 Stock Holdings in Entegris, Inc. (NASDAQ:ENTG)

Blue Trust Inc. boosted its stake in Entegris, Inc. (NASDAQ:ENTG) by 221.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 347 shares of the semiconductor company’s stock after purchasing an additional 239 shares during the quarter. Blue Trust Inc.’s holdings in Entegris were worth $39,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Inspire Advisors LLC boosted its holdings in Entegris by 1.3% during the first quarter. Inspire Advisors LLC now owns 5,785 shares of the semiconductor company’s stock worth $813,000 after purchasing an additional 77 shares during the last quarter. Wedmont Private Capital boosted its holdings in Entegris by 5.9% during the second quarter. Wedmont Private Capital now owns 1,609 shares of the semiconductor company’s stock worth $232,000 after purchasing an additional 90 shares during the last quarter. Everpar Advisors LLC boosted its holdings in Entegris by 6.5% during the second quarter. Everpar Advisors LLC now owns 1,656 shares of the semiconductor company’s stock worth $224,000 after purchasing an additional 101 shares during the last quarter. Arizona State Retirement System raised its position in Entegris by 0.3% in the second quarter. Arizona State Retirement System now owns 41,406 shares of the semiconductor company’s stock worth $5,606,000 after acquiring an additional 105 shares during the period. Finally, Fulton Bank N.A. raised its position in Entegris by 0.9% in the second quarter. Fulton Bank N.A. now owns 11,703 shares of the semiconductor company’s stock worth $1,585,000 after acquiring an additional 108 shares during the period.

Wall Street Analyst Weigh In

Several analysts have commented on ENTG shares. BMO Capital Markets lowered their price objective on shares of Entegris from $160.00 to $145.00 and set an “outperform” rating on the stock in a research report on Thursday, August 1st. Mizuho raised shares of Entegris from a “neutral” rating to an “outperform” rating and set a $143.00 price target on the stock in a research report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Entegris from $160.00 to $145.00 and set a “buy” rating on the stock in a research report on Thursday, August 1st. Needham & Company LLC reissued a “buy” rating and issued a $150.00 price target on shares of Entegris in a research report on Thursday, August 1st. Finally, Citigroup raised shares of Entegris from a “neutral” rating to a “buy” rating and boosted their price target for the company from $119.00 to $130.00 in a research report on Monday, September 16th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $146.40.

Entegris Price Performance

ENTG stock opened at $107.05 on Friday. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.58 and a quick ratio of 2.14. Entegris, Inc. has a one year low of $84.13 and a one year high of $147.57. The stock has a market cap of $16.16 billion, a PE ratio of 87.75, a P/E/G ratio of 1.44 and a beta of 1.24. The firm has a 50 day simple moving average of $109.36 and a two-hundred day simple moving average of $121.41.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Wednesday, July 31st. The semiconductor company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.01. Entegris had a net margin of 5.61% and a return on equity of 12.03%. The company had revenue of $812.60 million during the quarter, compared to analysts’ expectations of $802.43 million. During the same quarter in the prior year, the company earned $0.66 EPS. The firm’s revenue was down 9.8% on a year-over-year basis. On average, analysts predict that Entegris, Inc. will post 3.13 EPS for the current fiscal year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Wednesday, October 30th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, October 30th. This represents a $0.40 annualized dividend and a yield of 0.37%. Entegris’s dividend payout ratio (DPR) is presently 32.79%.

Entegris Company Profile

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).